LQDFX is a Forex and CFD broker founded in the Marshall Islands when you consider that 2015. It offers Forex, Metals, Commodities and Indices for buying and selling online thru the very famous MetaTrader 4 platforms for computer, net and cellular. Though unregulated, the choices broking segregates customer funds and follows strict security methods. Clients are provided STP executions, PAMM bills, each day marketplace information and schooling. However, the lack of regulation is a large difficulty for our dealer overview crew.
In this unique LQDFX evaluation, our on-line broker research crew have covered some of the choices maximum essential components to be able to take into account when selecting the fine broker in your on line buying and selling wishes.
LQDFX is a forex and CFD broker set up with the choices goal of being a excellent, sincere and dedicated STP broking. It turned into set up in 2015 and has its head office inside the Marshall Islands at the same time as other customer service subsidiaries are all around the global. The broker offers over one hundred property for trading on the choices MT4 buying and selling platform. It additionally gives multiple account kinds, a couple of fee options and a devoted purchaser aid group.
LQDFX prices and executions come from pinnacle-tier banks which function its liquidity vendors. The dealer makes use of its rate aggregator to in shape clients order with the excellent prices for execution. This era has added about suitable trade execution speeds and minimum requotes. There isn’t any struggle of hobby between the choices dealer and clients due to the fact the broking most effective earnings from the choices spread costs and commissions. LQDFX asserts that it follows the Straight-via processing (STP) execution version and has no dealing desk.
LQDFX affords no regulatory information on its website. The broker is registered in Majuro, Marshall Islands with the choices registration quantity MH96960. Lack of dealer regulation is a big pink flag for us, in particular thinking about there are many other regulated and hooked up trading agents to select from.
LQDFX asserts that all clients’ budget are stored in segregated financial institution money owed maintained with the tier-one EU banking establishments including Barclays, HSBC and Deutsche banks. The funds should no longer be utilized by LQDFX for any cause. The broking states that although it is going into liquidation, customers’ funds are absolutely segregated off the stability sheet and cannot be used to pay lenders.
The broker’s website and terminals are blanketed the usage of a 256-bit Secured Socket Layer (SSL) encryption provided with the aid of COMODO; that is a good American cybersecurity company. This looks after virtual protection of all customers’ transactions with the aid of encrypting all consumer facts before transmitting to the servers.
LQDFX affirms that it maintains to pick out, examine and manage the numerous risks associated with its brokerage operations a good way to enhance its security, efficiency and usual best.
LQDFX has an Anti-Money Laundering coverage (AML) which may be downloaded from its internet site. The broker is dedicated to stopping money laundering through its offerings and has applied some guidelines to fight this menace. Cashless policy and reporting suspicious transactions are some of the choices measures adopted to deter cash launderers.
LQDFX has no listing of exempted international locations on its internet site; as an alternative it states that its services aren’t directed to any jurisdiction in which it’d warfare with the nearby legal guidelines. This includes the United States. Some LQDFX broker features and merchandise noted within this LQDFX overview may not be available to traders from unique countries because of prison restrictions.
MetaTrader 4 (MT4) is a professional forex and CFD trading platform that has attained the choices repute of the choices ‘industry trendy’. This is because of its sizeable reputation amongst brokers and traders. It is fast, bendy, user pleasant and fully customizable. It is loaded with gear for evaluation, order management and executions. LQDFX customers can trade with the MT4 on home windows desktop computers and cellular apps.
Some features of the choices MT4 platform include:
LQDFX MT4 Trading Platform
The MT4 cellular app is to be had for Android and iOS devices. Each app can be downloaded from the respective app shops. The app is suitable for tracking the markets, evaluation and buying and selling. Here are a number of the choices features:
LQDFX Trading Tools
This segment of the website offers the choices day by day marketplace news. It is updated by means of LQDFX specialists however sourced from Reuters, Investing.com, CNN money, and so forth. The forex necessities section comprise of articles that offers critical bits of facts to the investors. It is unfortunately now not often up to date.
The buying and selling calculators to be had are:
This is a calendar of critical economic occasions and their forecasted effect on the choices monetary markets. The LQDFX financial calendar lists the date, time, foreign money, occasion, effect forecast and former forecasted percent. Clicking on an occasion offers its full evaluation and an choice to area a change from the economic calendar. This calendar is essential in essential evaluation.
Percentage Allocation Management Module (PAMM) Accounts
Traders who want to put money into different traders to alternate with all or a part of the choices price range of their account can make investments into PAMM debts. There are over forty five PAMM master debts to choose from. When logged into the customers’ region, traders can access the PAMM data to view a listing of PAMM accounts and their performances. This facilitates in making a desire of wherein to make investments. Expert traders can choose to grow to be PAMM masters. Each master sets the choices minimal deposit and performance rate; that is the choices fee for his offerings. It need to be strongly referred to that there may be truly no assure of overall performance while using a managed account and you must recognize the great dangers concerned with buying and selling.
LQDFX has an education centre on its web sites with plenty of training assets particularly for newbie investors. There is a beginners’ direction comprising of 4 video instructions and a word list. The publications trains new buyers on the choices simple terms, orders and techniques. There are 5 video instructions on trading equipment teaching customers buying and selling psychology, market analysis and capital management. Trading techniques cognizance on 10 techniques along with Tunnel, Fractal, Fishing strip, Zigzag, Fibo lure techniques, and many others. There are motion pictures on ECN buying and selling and MetaTrader tutorials on computer and cellular platforms. A 78-web page eBook is also available for studying this is designed for education new buyers.
The following instruments are available for buying and selling online with LQDFX:
LQDFX Accounts & Fees
LQDFX offer exclusive styles of accounts which rely upon the dealer’s capital. All account holders can best exchange over 100 instruments on the furnished MT4 platforms. An account supervisor is assigned to every purchaser regardless of the choices account kind selected.
Here are the trading account kinds presented by using this dealer:
Demo accounts are freely to be had with none risks to the choices client. When commencing a demo account, clients have the option of choosing the quantity of funds to alternate with and it can be up to $100,000.
As broker costs can vary and alternate, there can be additional prices that are not indexed on this LQDFX evaluate. It is imperative to make sure which you test and recognize all the modern information before you open a LQDFX broking account for on line trading.
The customer service desk at LQDFX is multilingual and works 24/5. They can be reached on live chat, electronic mail or telephone. If you wish to agenda a telephone call, use the ‘Request a callback’ shape that is to be had on the ‘touch us’ web page of the choices website. A consumer care representative will get returned to you. On social media, they can be reached on Facebook, Twitter, Instagram and LinkedIn.
LQDFX Deposit & Withdrawal
LQDFX prohibits coins deposits in compliance with its Anti-Money laundering policy. The name from the choices investment supply must precisely fit the name on the choices buying and selling account. In other words, 1/3 birthday celebration deposits are rejected. For withdrawals, the broking reserves the choices right to call for for documentations or verifications.
Here are the choices common price options:
LQDFX Account Opening
To open a stay buying and selling account, visit the choices agents internet site and click on on ‘Open account’ and choose ‘individual’ to open a personal account. The three-page shape underneath shows:
Fill for your name, email, telephone quantity and click ‘next’. Then, input your date of start, deal with, pick out a password and click ‘subsequent’. Finally, fill to your monetary and employment facts and then, trading enjoy, account foreign money and platform. The account is created and you’re logged onto the customers’ vicinity in which you could down load platforms, make deposits and start buying and selling.
LQDFX is an online brokerage corporation that gives STP buying and selling, low spreads and fast executions with minimum requotes. Though no longer regulated, the broker has an AML policy, segregates customer price range and has put in area wellknown security features to ensure a safe trading environment.
Over a hundred gadgets can be traded on the choices MT4 platform that is appropriate for all sorts of traders and trading techniques.
Clients are offered a couple of account kinds accommodating numerous buying and selling situations and trading capitals. Multiple funding options are supplied which includes cryptocurrencies and on line bills. Market information, financial calendars, calculators are some of the equipment furnished to assist the choices investors be triumphant.
However, the choices asset listing is poor and inadequate whilst compared to the opposition. The broker’s unregulated reputation is a large trouble as many buyers avoid unregulated agents. There is not any comprehensive analysis. Maybe, the choices dealer should remember partnering with 0.33 celebration providers like ‘Trading Central’ so as to give its customers expert and dependable studies and evaluation.
LQDFX seems to be a devoted and honest dealer however it desires to enhance its offerings if you want to compete with the choices excellent trading brokers.
Trading leveraged merchandise consisting of Forex and CFDs may not be appropriate for all traders as they create a degree of hazard in your capital. Please make certain that you completely understand the risks concerned, thinking of your investments objectives and degree of revel in, before trading, and if vital are looking for independent recommendation. Please study the whole Risk Disclosure.
LQDFX is an unregulated the Forex market & CFD broking based within the Marshall Islands due to the fact 2015. It gives the Forex market, Metals, Commodities & Indices for trading on the MT4 platform. Clients are offered STP executions, PAMM money owed, every day marketplace news & education.
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